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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,994 | $95,895-71.9% | $79,576-66.1% | $134,509-79.9% |
| Participation rate | 66.7% | 75.0%-8.4pp | 69.5%-2.8pp | 81.2%-14.6pp |
| Annual return | -15.82% | -2.72%-13.1pp | 0.15%-16.0pp | 418.13%-434.0pp |
| Employer contribution / active EE | $400 | $3,128-87.2% | $2,413-83.4% | $4,741-91.6% |
| Participant deferral / active EE | $400 | $4,693-91.5% | $3,985-90.0% | $6,400-93.8% |
| Admin fee / account holder | $164 | $9,129-98.2% | $6,834-97.6% | $11,427-98.6% |